Record Financial Results For Castleford Tigers

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4 September 2018

Castleford Tigers have announce record financial results for 2017.

Turnover increased by £1.4m to £6m, growth driven by increased gate receipts, sponsorship, record merchandise sales and record bar sales. The increase has generated a record profit of £691,000 for 2017.

This is the fourth consecutive year that Castleford Tigers has not received any external funding and the fourth consecutive year the club has delivered operating profits.

The financial performance allowed the club to invest heavily in 2018, spending approaching £250k on transfer fees to secure the services of some of the game’s most highly sought-after players. The club was also able in increase its salary cap spend in 2018 and spend up to the increased cap including exemptions, this will be an increased spend of approximately £200,000.

The club has also increased investment off the field. A considerable amount of money has been spent on ensuring the Mend-A-Hose Jungle is a safe place to come and enjoy watching Super League.

In February 2018 the club opened the Castleford Tigers Sports Superstore in Xscape, the profit from the 2017 season allowed the club to take this opportunity and invest in the growth of its retail operation.

A subscription TV channel ‘Tigers TV’ has also been developed from scratch and the stadium is now using a new season ticket card entry system in 2018, all avenues the club has been able to explore due to the profit of 2017. Investment has also been made into off field staff

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